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GM sells Suzuki shares to raise emergency funds
Mon, 17 Nov 2008By Tim Pollard Motor Industry 17 November 2008 15:24 GM is flogging its entire stake in Suzuki to pump cash into its survival funds. The General owns a 3% holding in Suzuki Motor Corporation and will sell 16,413,000 shares on the open market tomorrow. Based on today’s values, GM will raise an estimated £154 million through the sale, although Suzuki will exercise an option to buy back an equivalent number of its own shares in treasury stock.
Speed causes crashes? More accurate reporting would improve driver education and safety
Fri, 06 Dec 2013I am a professional race-car driver with 30 years of experience, and I still drive for General Motors' Cadillac race team in the Pirelli World Challenge series. I also have 20 years of experience educating new drivers, parents and driver-education teachers regarding safer street driving. This apparent (to some people) contradiction of experience puts me in the position of being a bit of a sounding post.
Aston Martin One-77 – Is JK buying?
Wed, 22 Jul 2009JK admires the lines of the stunning Aston Martin One-77 One of the debuts at Salon Prive was the first UK public appearence of the Aston Martin One-77. So a quick look around was definitely called for. According to John, it’s a stunning creation.